Tag: government

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Virginia Bans Split Closings

Written by Kimberly Gentile on 2022-02-04.

The Virginia Bureau of Insurance today announced in an administrative letter that it has effectively banned split closings, which is an industry term for a practice where closing services are divided between two or more settlement agents.In...

Maximum VA Loan county limits updated for 2016

Written by Federal Title on 2016-01-11.

The Department of Veterans Affairs Loan Guaranty Program recently published county “limits” to be used for VA Loans effective January 1, 2016. Please note, these limits do not reflect a maximum amount that an eligible veteran is permitted...

CFPB proposes effective date of Oct. 1 for new mortgage disclosure rules

Written by Federal Title on 2015-06-18.

Title companies and lenders who are bracing for one of the biggest shake-ups of the mortgage industry in decades may have a couple more months to prepare. The director of the Consumer Financial Protection Bureau announced a proposed amendment...

Choosing your own title company – yet another reason

Written by Federal Title on 2015-02-03.

Two of the largest financial institutions in the country are having their feet held to the fire over blatant violations of the Real Estate Settlement Procedure Act, according to a complaint filed in federal court last week by the Consumer...

FHA to reduce cost of mortgage insurance

Written by Federal Title on 2015-01-12.

In an attempt to bring more First-Time Homebuyers back into the housing market, the Federal Housing Administration ("FHA") recently announced that it would reduce its annual mortgage insurance premiums from 1.35 percent to 0.85 percent. ...

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Tag: government

Virginia Bans Split Closings

Maximum VA Loan county limits updated for 2016

CFPB proposes effective date of Oct. 1 for new mortgage disclosure rules

Choosing your own title company – yet another reason

FHA to reduce cost of mortgage insurance

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